Charlotte-Concord-Gastonia vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 6% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $720/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Wilmington | Difference |
|---|---|---|---|
| Studio | $724 | $656 | $68 |
| 1 Bedroom | $881 | $838 | $43 |
| 2 Bedrooms | $1,084 | $1,024 | $60 |
| 3 Bedrooms | $1,328 | $1,314 | $14 |
| 4 Bedrooms | $1,555 | $1,459 | $96 |
| Median Income | $63,227 | $52,995 | $10,232 |
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/yr
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Charlotte-Concord-Gastonia or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $60/mo or $720/year more expensive in Charlotte-Concord-Gastonia (6% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Charlotte-Concord-Gastonia and Wilmington?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Wilmington it is $52,995/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Wilmington?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Wilmington it is $656/mo.